The Down 80 Percent Club

The world has turned upside down, or right side up, depending on your perspective. Everything that worked during the pandemic is unraveling on the other side of it.
Nose bleed valuations are getting knee clubbed by a combination of high inflation and rising interest rates. These darlings of 2020 are down 80% or more from their all-time high.

It’s tempting to try and catch a bottom in exciting names that are down so…

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